Dogelon Mars 1st Technical Analysis ($ELON)
Here is a quick technical analysis for ELON. Using the 200 EMA/SMA it has relatively a lot of momentum based on the little data we have. Furthermore, ELON just hit its “prior” high from day 1 (yellow dashed line). As long as Bitcoin continues to trends sideways with out a major correction to 20 week moving average, it should keep this up. I have plotted a trading channel and want to mention this graph is on a logarithmic scale so linear growth is actually exponential.
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